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Firm Offer to Sell

Definition

A firm offer to sell must:

  1. Be from a licensed California retail auto dealer

  2. Be in writing on that dealer's letterhead and include that dealer's contact information

  3. Be for a vehicle in that dealer's inventory

  4. Provide the vehicle's VIN, year, make, model, miles and condition

  5. Itemize loan characteristics including amount borrowed, down payment, term, interest rate and monthly payment

  6. Itemize all aftermarket products

Disclosure: We developed the content for The Auto Buying Service™ while working with automotive industry clients. We hope you find it helpful in making informed decisions. While we believe the information to be accurate, we do not guarantee its accuracy.

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